Gold is currently consolidating around the 4,250–4,300 area, with the marked demand zone extending toward 4,050–4,250. This zone is important because it could provide a reaction after the recent pullback.
If buyers defend the zone and bullish confirmation appears, price could first revisit 4,600–4,700, followed by the marked 4,900 strong high. A deeper move into the demand area remains possible before any continuation.
A decisive daily break below the demand zone would invalidate this bullish scenario and shift attention toward lower support levels.
Educational market analysis — not financial advice.